Olu
Short

Gold: Looking Lower From Here To 1200

FX:XAUUSD   Gold / U.S. Dollar
126 1 10
Comments on the chart. If price blows past 1285 the idea is absolutely wrong
Comment: Price fell today. If the idea is right price might be in a wave 3 of (A) and so price should fall hard. I would not like to see 1288
Comment: A hard fall today as expected
Comment: Price reached 1200 as expected and I am looking for some upside action towards 1245 area. The idea will fail if price falls hard below the 1200 low quickly
Comment: Looking ffor price to go towards the 1240 area and then another decline to 11180 area
Comment: The idea is paying out well so far. Price is appriaching the (B) area helped by the beating the $ took last friday. So for the idea to still play out price needs to turn down in a (C) towards 1180
Thanks for sharing, I enjoyed your post. I am short too hope we see these levels!
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